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20121120
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's daughter, understood conservatism or ronald reagan, the alcoholic son that grew up in middle america who actually believed, like i believe, like a lot of conservatives believe that if you want to help everybody, if you want to help the 100%, what you want to do is you want to fight hard for their individual free am do doms and unshackle them from regulations from high taxes, from a centralized state, and that's the best way to move forward. we can have a debate over whether that's right or wrong. the problem is, we didn't have that debate this time because mitt romney's view was such an insulated view of a guy who grew up rich and grew up in this insular world where his father ran car companies and was governor of michigan. >> this is a pivot point for the republican party. i think bobby jindal probably said it best. you have to turn -- you have to marry conservatism and pop y lyh populism. we helped the little guy because that's the america dream. it's not the opposite as far as entitlements and victims. that's a pivot point. and the republicans that get it are going to be part of a new
countries have transformed, reform, lower the rates. we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would
reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and a republican congress doing a welfare reform and actually balancing the budget. so we look forward to making this divided government productive for the american people, and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward, and we lookford to being part of the solution to -- look forward to being part of the solution to these significant problems. i'll send it over to our new minority whip, senator cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip, the assistant leader on the republican side. as leader mcconnell has said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame duck and we know what those are going forward
is the payback from party leaders? guest: there is change and then there is change. tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them.
, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax bu
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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